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MOTG
VanEck Morningstar Global Wide Moat ETF

Fund Description

VanEck Morningstar Global Wide Moat ETF (MOTG®) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Morningstar® Global Wide Moat Focus IndexSM (MSGWMFNU), which is intended to track the overall performance of attractively priced global companies with sustainable competitive advantages according to Morningstar's equity research team.

 
 

  • Fund Ticker

    MOTG
  • Exchange

    Cboe
  • Inception Date

    10/30/2018
  • ETF Structure

    Physical
  • Administrator

    Van Eck Associates
  • Custodian

    State Street Bank and Trust Company
  • Index Ticker

    MSGWMFNU
  • Index Reconstitution

    Semi-Annually, Staggered Quarterly

 
as of 05/13/22

  • 30-Day SEC Yield1

    1.87%
  • Total Net Assets

    $16.7M
  • Number of Holdings

    75
  • Options

    No
  • Gross Expense Ratio2

    1.20%
  • Net Expense Ratio/TER2

    0.52%
  • Distribution Frequency

    Annual
  • Next Distribution Date

    12/16/2022
Why Invest?
Click here to read the Recommended Insights - Blog: Moat Stock Selection Drowns Out Factors
Click here to read the Recommended Insights - Blog: Moat Stock Selection Drowns Out Factors

Morningstar™ Ratings3
as of 04/30/2022

Category Overall 3 Year
World Large-Stock Blend
4 stars of 300 funds
4 stars of 300 funds

Key Points

  • Wide Moat Companies
    A focus on global companies Morningstar believes possess sustainable competitive advantages, or “moats”

  • Focus on Valuations
    Index targets companies trading at attractive prices relative to Morningstar’s estimate of fair value

  • Morningstar’s Equity Research
    Index fueled by Morningstar’s forward-looking, rigorous equity research process driven by over 100 analysts globally

Trading Information

  • Fund Ticker

    MOTG
  • Index Total Return Ticker

    MSGWMFNU
  • NAV

    MOTGNV
  • Intraday NAV (IIV)4

    MOTGIV
  • Shares Outstanding

    500,000
  • Estimated Cash

    MOTGEU
  • Total Cash

    MOTGTC
  • CUSIP

    92189F122
Source: Bloomberg

Fees and Expenses2

  • Management Fee

    0.45%
  • Other Expenses

    0.75%
  • Gross Expense Ratio

    1.20%
  • Fee Waivers and
    Expense Reimbursement

    -0.68%
  • Net Expense Ratio/TER2

    0.52%

2Expenses for MOTG are capped contractually at 0.52% until February 1, 2023. Cap excludes acquired fund fees and expenses, interest expense, trading expenses, taxes and extraordinary expenses.

Investment Professionals

  • Portfolio Manager and Head of Equity ETFs
  • Oversees the Equity ETF Investment Management Team including development and management of index replication and optimization strategies
  • Joined VanEck in 2005
  • CFA charterholder; member of the CFA Society New York
  • BA, Mathematics and Economics, New York University
  • Portfolio Manager and Analyst for Equity ETFs
  • Joined VanEck in 2007
  • Prior to his current role, held a portfolio administration position at VanEck
  • Previously, Portfolio Analyst at Evaluation Associates
  • BS, Business Administration (concentration in Financial Analysis), State University of New York at Buffalo
  • Analyst for Equity ETFs
  • Joined VanEck in 2018
  • Prior to joining VanEck, ETF Basket Operations Analyst at JPMorgan
  • BS, Finance, Providence College
  • Analyst for Equity ETFs
  • Joined VanEck in 2019
  • Prior to VanEck, Intermediate Representative, Exchange Traded Funds at BNY Mellon.
  • BS, Accounting, Hunter College

Prices as of 05/13/22

NAV/
Market
Price
Volume
30-Day Avg./
Last Trading Day
Daily Change
NAV/
Last Price
YTD Change NAV/
Last Price
Premium/
Discount
30-Day
Median
Bid Ask
Spread
NAV
Chart
MOTG $33.46
$33.44
2,645
589
$0.69 / +2.10%
$0.79 / +2.43%
-10.86%
-11.00%
$-0.02
-0.06%
0.17%

Premium/Discount History as of 05/13/22

Calendar Year 2021 2Q 2021 3Q 2021 4Q 2021 1Q 2022 Premium/Discount Charts NAV & Prem/Discount History
Days closed at a premium 244 62 64 58 43
MOTG Days closed at NAV 3 0 0 2 2
Days closed at a discount 5 1 0 4 17


Performance History: Average Annual Total Returns* (%)

  1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR LIFE
10/30/18
MOTG (NAV) -6.59 -7.38 -9.09 -5.98 10.56 -- -- 12.55
MOTG (Share Price) -6.74 -7.78 -9.45 -6.39 10.33 -- -- 12.45
MSGWMFNU (Index)** -6.41 -6.77 -8.71 -5.28 10.87 10.85 11.49 12.95
Performance Differential (NAV - Index) -0.18 -0.61 -0.38 -0.70 -0.31 -- -- -0.40
  1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR LIFE
10/30/18
MOTG (NAV) 0.53 -2.67 -2.67 5.34 14.42 -- -- 15.14
MOTG (Share Price) 0.44 -2.90 -2.90 4.99 14.27 -- -- 15.10
MSGWMFNU (Index)** 0.68 -2.46 -2.46 6.05 14.72 12.75 12.26 15.50
Performance Differential (NAV - Index) -0.15 -0.21 -0.21 -0.71 -0.30 -- -- -0.36

Top 10 Holdings (%) as of 04/30/22 Daily Holdings

Total Holdings: 75
Swipe
to view
full data
Holding Name
Ticker
Shares
Market Value
(US$)
% of Net
Assets
Kellogg Co
K US
5,712
391,272 2.29
Constellation Brands Inc
STZ US
1,579
388,576 2.28
British American Tobacco Plc
BATS LN
9,254
387,255 2.27
Westpac Banking Corp
WBC AU
22,980
386,917 2.27
Philip Morris International Inc
PM US
3,854
385,400 2.26
Mcdonald's Corp
MCD US
1,495
372,494 2.18
Medtronic Plc
MDT US
3,543
369,747 2.17
Roper Technologies Inc
ROP US
780
366,538 2.15
Ambev Sa
ABEV3 BZ
124,600
365,331 2.14
Imperial Brands Plc
IMB LN
17,222
357,929 2.10
Top 10 Total (%) 22.11
These are not recommendations to buy or to sell any security. Securities and holdings may vary.

Country Weightings (%) as of 04/30/22

  • Country

    % of Net Assets
  • United States

    61.46
  • United Kingdom

    10.23
  • Australia

    5.57
  • Switzerland

    4.74
  • France

    3.98
  • Brazil

    2.14
  • Canada

    2.13
  • China

    1.94
  • Germany

    1.90
  • Taiwan Region

    1.80
  • Sweden

    1.05
  • Belgium

    1.02
  • Japan

    0.99
  • Netherlands

    0.93
  • Other/Cash

    0.11

Sector Weightings (%) as of 04/30/22

  • Sector

    % of Net Assets
  • Consumer Staples

    19.9
  • Information Technology

    18.4
  • Industrials

    18.0
  • Financials

    14.9
  • Health Care

    14.6
  • Consumer Discretionary

    6.6
  • Communication Services

    4.1
  • Materials

    3.4
  • Other/Cash

    0.1